Ascom Operations in South Sudan
Moldova's Ascom Group SA signed a production sharing agreement with South Sudanese authorities in June 2005 for Block 5B. The block was claimed by a consortium led by Malaysia’s Petronas, which maintained that it was the legitimate operator of the block after Ascom began exploring acreage. and began drilling in the area in January 2008.
The Sudan Tribune reported in January 2007 that Ascom's cause disputes with the northern government over its validity as, according to Khartoum, that block belongs to a consortium led by Malaysian firm Petronas [PETR.UL]. Nilepet owns 5 percent of Ascom’s concession.
- "Moldova’s Ascom probes Petronas Sudan oil block" Sudan Tribune, 11 October 2005.
- "Sudan oil body endorses Ascom & discusses Total concession" Sudan Tribune, 26 August 2009.
- "UK White Nile, Moldova firm to drill in South Sudan" Sudan Tribune, 23 January 2007.